Podcast in English
Text size
Bulgarian National Radio © 2025 All Rights Reserved

EUR 40 million investment in electric bicycle plant near Plovdiv

Photo: archive

Minister of Innovation and Growth Daniel Lorer gave the start to a project for the construction of an electric bicycles plant near Plovdiv. The joint EUR 40 million investment is between the Plovdiv bicycle maker Maxcom and the Austrian Pierer Group. The new factory will be located in the Trakia Economic Zone and will create 1,000 new jobs for Plovdiv and the surrounding area.

“This kind of production will shoot Bulgaria to top position in the manufacture of electric bicycles in Europe,” Daniel Lorer said at the event.



Последвайте ни и в Google News Showcase, за да научите най-важното от деня!
Listen to the daily news from Bulgaria presented in "Bulgaria Today" podcast, available in Spotify.

More from category

Freezing temperatures expected in most regions of Bulgaria on Friday

On Friday, the minimum temperatures in Bulgaria will be between - 20°C and - 5°C. In Sofia, it will be around minus 13°C.  During the day, it will be mostly sunny. There will be a weak, in the eastern regions to moderate wind from the..

published on 2/20/25 7:35 PM

Hackers claim they have data from the Supreme Administrative Court

Hacker group Ransomhouse announced on its website that it has data leaked from the information systems of the Supreme Administrative Court. As evidence, documents with lists of names and personal data of employees, as well as various documents have..

published on 2/20/25 6:38 PM

Bulgarian producers want more farmers' markets

The situation in the country illustrates the urgent need for the state to create conditions for holding more farmers' markets, where farmers can sell their produce directly to consumers. This was stated by the Bulgarian Farmers' Union in connection..

published on 2/20/25 5:31 PM